SecZim says it is optimistic that the capital markets will perform exceptionally well this year, despite economic headwinds. Zimbabwe is facing its economic crisis in a decade as shown by increasing f...
THE number of slaughtered pigs increased by nearly 20% in 2018 compared to the previous year, but the sector remained heavily constrained by high costs of feed and veterinary medicines, an official ha...
Zimbabwe's telecoms sector generated revenue in excess of $1 billion and contributed 7,2 % to the country's gross domestic product (GDP) in 2017, the industry regulator has said.Postal and Telecommuni...
PLAYERS in Bulawayo's tourism industry in collaboration with the Zimbabwe Tourism Authority (ZTA) have embarked on an aggressive awareness programme to market tourism products in the city.The initiati...
Zimbabwe's economy will register a significant Gross Domestic Product (GDP) growth of 6,5% this year, before shooting to 15% next year, should next week's elections be credible, with a clear winner, a...
Zimbabwe's construction industry will only grow by an average of 5% in the next five years due to economic challenges facing the country, BMI Research, a Fitch Group company, has revealed.Speaking at ...
Government's move to privatise and restructure Zimbabwe's state enterprises and parastatals (SEPs) will have a significant impact on the growth of the local capital markets, according to analysts at A...
RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday said the economy is on a positive growth trajectory as evidenced by increased capacity utilisation and surging demand for fuel. Dr Ma...
THE Midlands province has been identified as a growing hotspot for hospitality industries, surpassing other provinces as evidenced by emerging players mainly in Gweru, Kwekwe and Zvishavane.This emerg...
Zimbabwe real estate business activities primarily deal with the ownership and transfer of physical properties. Almost all the real estate companies in Zimbabwe provide some common real estate service...
Zimre Holdings Limited (ZHL) says conversion of proceeds from sale of Zimre Centre in Harare towards construction of the Victoria Falls Sawanga Mall, will enhance revenue growth for the firm in the fi...
RAINBOW Tourism Group Limited has posted a 16 percent growth in revenue to $11,1 million from $9,6 million in the first five months of 2018, spurred by notable recovery in operations following a succe...
World bank has revised Zimbabwe's gross domestic product (GDP) growth rate upwards for the second time this year. Zimbabwe GDP is now expected to grow by 2.7% from a projection of 1.8% in January. How...
Delays at border posts have seen Bulawayo companies accusing the Zimbabwe Revenue Authority (Zimra) of being an impediment to exports growth, as they say this has seen them losing business worth milli...
President Mnangagwa is optimistic the economy will grow by at least seven percent annually in the next five years on the strength of Government's economic reforms and other interventions. Addressing ...
Zimbabwe's economy could grow by up to 4,5 percent this year, driven by an expected growth in agriculture and mining, Parliament's Budget Office has said.President Emmerson Mnangagwa, who came to powe...
DAIRIBORD Holdings Limited has appointed Mr Josphat Sachikonye as new board chairman replacing Dr Leonard Tsumba who retired five days ago after serving the company for the past six years.In a stateme...
PROTON Bakers says it has recorded 400 percent growth in sales in Bulawayo alone where it has created 153 jobs, a year after entering the market in the southern region.The Marondera-headquartered firm...
MDC-T faction leader Mr Nelson Chamisa continued his cloud cuckoo land posturing over the weekend when he promised people in Buhera that he would upgrade Murambinda Growth Point into a city as big as ...
Delta Beverages' revenue grew 18 percent to US$572 million for the year ended March 31, 2018, compared to US$482 million in the prior year.This is the Group's first revenue growth in five years as it ...
Zimbabwe is poised to be among the fastest growing economies in Africa in the next 10 years if the people remain united, visiting Chinese vice chairman of China-Africa Business Council, Mr HuaRong Zha...
The International Monetary Fund has reviewed Zimbabwe's economic growth rate for this year and sees growth picking up next year as the country moves away from the difficult period it has been going th...
ZIMBABWE'S trade deficit widened to $317,2 million last month from $227,6 million in February in what economic analysts attribute to more demand for critical raw materials as businesses position thems...
The continued shortage of foreign currency is making it difficult for industries to import raw materials for use in their production processes, hampering the growth of manufacturing in Zimbabwe, exper...
President Mnangagwa has reaffirmed the country's economy is forecast to grow by 4,5 percent this year on the back of a robust performance in agriculture, mining, tourism and the construction sector. H...